Nexidia Named Best Audio Search Technology at SpeechTEK West

Atlanta, February 21, 2006 -- Nexidia, the leading provider of rich media search and speech analytics solutions, announced today that its Nexidia Enterprise Speech Intelligence (ESI) solution, version 5.0, was voted “Best Audio Search Technology” at the recently concluded SpeechTEK West 2006 Conference. The annual SpeechTEK event is widely regarded as the industry’s premier forum for showcasing the latest advances in speech-related technologies and products.

Nexidia ESI 5.0 was specifically recognized for its ability to: (1) analyze and mark audio files to make them phonetically searchable and (2) expose in-depth results though a rich suite of reports and investigation tools.

“Audio mining and rich media search are regarded as two of the hottest areas of search. This is as a direct result of the market demand to render all sources and qualities of audio and video searchable quickly, accurately and affordably,” said John Willcutts, President and CEO of Nexidia. “Our unique phonetic-based approach to search delivers the scalability, accuracy and ease-of-use necessary to make audio mining an enterprise viable solution. We are extremely proud to have been selected by the judges at SpeechTEK as providing the best solution for searching audio and video content. ”

Nexidia ESI 5.0 is built upon the company’s phonetic-based search engine that performs searches based on sounds, not text. In addition, the ESI 5.0 solution produces a series of reports that can be further analyzed and acted upon, providing critical knowledge related to customer retention, internal controls, process costs, and compliance ramifications.

About Nexidia

Nexidia is a leading provider of highly scalable, highly accurate rich media search and speech analytics software. By transforming audio video data into business intelligence, Nexidia allows both government and commercial enterprises, in industries such as Healthcare, Insurance, Financial Services, Media Creation and Aggregation, Telecommunications and Outsourcing, to leverage untapped information previously locked away in audio-video content. Based on years of research and development, Nexidia’s phonetic engine is the only technology that allows the user to search on proper names, places, industry terms and jargon without extensive training and cumbersome dictionaries. The process is adaptable to a range of audio analyses and excels across the full spectrum of audio quality.

The Nexidia product portfolio is comprised of Nexidia Enterprise Speech Intelligence (ESI) for Contact Centers; Nexidia Developer Edition for the creation of Rich Media Search applications and Nexidia Software Development Kit, a technology that gives organizations the ability to manage their audio assets. Today Nexidia supports 19 languages and a suite of audio detector features such as language identification and music & silence detection. Nexidia’s proven technology is a fundamentally different approach and is the only audio-video search solution that can answer the market demand for a highly scalable and accurate solution. For more information, please visit www.nexidia.com.